Ningxia Xinri Hengli Steel Wire Rope Co Ltd (600165) — Working Capital to Net Assets Ratio
Ningxia Xinri Hengli Steel Wire Rope Co Ltd (600165) has a Working Capital to Net Assets ratio of 4041.4% as of September 2025. Working capital of CN¥-1.68 Billion (current assets of CN¥317.54 Million minus current liabilities of CN¥2.00 Billion) is measured against net assets of CN¥-41.51 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 600165 equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ningxia Xinri Hengli Steel Wire Rope Co Ltd Working Capital to Net Assets (1995–2024)
This chart shows how Ningxia Xinri Hengli Steel Wire Rope Co Ltd's Working Capital to Net Assets ratio has evolved across 30 annual periods from 1995 to 2024. As of September 2025, the ratio stands at 4041.4%, reflecting working capital of CN¥-1.68 Billion against net assets of CN¥-41.51 Million CNY. Check tangible net worth ratio of Ningxia Xinri Hengli Steel Wire Rope Co to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Ningxia Xinri Hengli Steel Wire Rope Co Ltd (1995–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ningxia Xinri Hengli Steel Wire Rope Co Ltd from 1995 to 2024, covering 30 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see 600165 stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -700.9% | CN¥-1.68 Billion | CN¥240.17 Million | CN¥214.24 Million | CN¥1.90 Billion | ▼ -280.4 pp |
| 2023 | -420.4% | CN¥-1.61 Billion | CN¥381.99 Million | CN¥198.70 Million | CN¥1.80 Billion | ▼ -273.4 pp |
| 2022 | -147.0% | CN¥-1.31 Billion | CN¥894.08 Million | CN¥251.86 Million | CN¥1.57 Billion | ▼ -83.4 pp |
| 2021 | -63.6% | CN¥-777.98 Million | CN¥1.22 Billion | CN¥302.06 Million | CN¥1.08 Billion | ▼ -30.4 pp |
| 2020 | -33.2% | CN¥-423.10 Million | CN¥1.27 Billion | CN¥719.32 Million | CN¥1.14 Billion | ▼ -42.1 pp |
| 2019 | 8.9% | CN¥82.00 Million | CN¥925.11 Million | CN¥768.40 Million | CN¥686.40 Million | ▲ +4.0 pp |
| 2018 | 4.8% | CN¥48.10 Million | CN¥993.20 Million | CN¥1.23 Billion | CN¥1.19 Billion | ▼ -20.8 pp |
| 2017 | 25.6% | CN¥261.24 Million | CN¥1.02 Billion | CN¥1.54 Billion | CN¥1.28 Billion | ▲ +27.2 pp |
| 2016 | -1.6% | CN¥-14.69 Million | CN¥902.66 Million | CN¥1.54 Billion | CN¥1.55 Billion | ▲ +45.3 pp |
| 2015 | -46.9% | CN¥-484.46 Million | CN¥1.03 Billion | CN¥1.21 Billion | CN¥1.69 Billion | ▼ -14.1 pp |
| 2014 | -32.8% | CN¥-303.60 Million | CN¥924.33 Million | CN¥1.13 Billion | CN¥1.43 Billion | ▼ -51.1 pp |
| 2013 | 18.3% | CN¥198.83 Million | CN¥1.09 Billion | CN¥1.54 Billion | CN¥1.34 Billion | ▼ -19.2 pp |
| 2012 | 37.5% | CN¥408.19 Million | CN¥1.09 Billion | CN¥1.71 Billion | CN¥1.30 Billion | ▼ -2.6 pp |
| 2011 | 40.1% | CN¥419.55 Million | CN¥1.05 Billion | CN¥1.21 Billion | CN¥786.68 Million | ▲ +53.5 pp |
| 2010 | -13.4% | CN¥-66.30 Million | CN¥494.44 Million | CN¥1.04 Billion | CN¥1.10 Billion | ▲ +12.8 pp |
| 2009 | -26.2% | CN¥-130.80 Million | CN¥498.70 Million | CN¥887.00 Million | CN¥1.02 Billion | ▲ +0.8 pp |
| 2008 | -27.0% | CN¥-134.16 Million | CN¥497.24 Million | CN¥769.85 Million | CN¥904.01 Million | ▼ -3.4 pp |
| 2007 | -23.6% | CN¥-115.10 Million | CN¥488.25 Million | CN¥668.25 Million | CN¥783.35 Million | ▲ +2.3 pp |
| 2006 | -25.9% | CN¥-124.25 Million | CN¥479.55 Million | CN¥588.22 Million | CN¥712.47 Million | ▼ -22.3 pp |
| 2005 | -3.6% | CN¥-25.26 Million | CN¥698.16 Million | CN¥623.17 Million | CN¥648.42 Million | ▲ +8.6 pp |
| 2004 | -12.3% | CN¥-85.14 Million | CN¥694.13 Million | CN¥604.90 Million | CN¥690.04 Million | ▼ -23.8 pp |
| 2003 | 11.5% | CN¥79.72 Million | CN¥690.31 Million | CN¥658.28 Million | CN¥578.56 Million | ▲ +8.7 pp |
| 2002 | 2.8% | CN¥19.92 Million | CN¥704.27 Million | CN¥447.97 Million | CN¥428.05 Million | ▼ -20.6 pp |
| 2001 | 23.4% | CN¥160.11 Million | CN¥684.32 Million | CN¥552.13 Million | CN¥392.01 Million | ▼ -13.0 pp |
| 2000 | 36.4% | CN¥160.09 Million | CN¥439.68 Million | CN¥424.50 Million | CN¥264.41 Million | ▼ -9.7 pp |
| 1999 | 46.1% | CN¥191.52 Million | CN¥415.27 Million | CN¥374.38 Million | CN¥182.86 Million | ▼ -10.1 pp |
| 1998 | 56.3% | CN¥214.04 Million | CN¥380.42 Million | CN¥325.96 Million | CN¥111.92 Million | ▼ -14.4 pp |
| 1997 | 70.6% | CN¥80.01 Million | CN¥113.29 Million | CN¥205.74 Million | CN¥125.73 Million | ▲ +6.9 pp |
| 1996 | 63.7% | CN¥71.39 Million | CN¥112.03 Million | CN¥184.82 Million | CN¥113.43 Million | ▼ -1.0 pp |
| 1995 | 64.7% | CN¥68.56 Million | CN¥105.94 Million | CN¥154.92 Million | CN¥86.36 Million | — |